Thoughts on politics, economics, life and creative works from the author including poetry

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Monday, March 2, 2015

Individual Enterprise is Free Enterprise not Corporate enterprise

I've made my reading project to read through 12 volumes of works by Alexander Hamilton. This has already yielded dividends. One argument I have is with those libertarians and conservatives who confuse individual initiative with corporate initiative. During Hamilton's time there was a clear distinction. Alexander Hamilton said this about Corporations, referring to the model for modern conglomerates, the "East India Company" in 1795: